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In response to:

Moderate Muslim: Not an Oxymoron

Steve54 Wrote: Mar 07, 2013 8:38 AM
Polls consistently show early half of Muslims living in the west do, as Pipes, says, despise at worst dislike at best their nations, support Sharia in place of western constitutions, and support in principle the arguments of Islamists. Chapman tells us European Muslims are clearly, overwhelmingly moderate. Yet Jews are fleeing Europe almost in the same numbers as they did in the late 1930s, running from violence and threats of violence coming from Islamic communities. Yet there no-go areas of France where police typically dare not go. Chapman's version is one of denial.
That's true. But also true of other countries' public systems, as is over regulation and compliance costs.
The real reasons the US system is more costly per capita are: 1) out of control law suits, creating high legal premiums for doctors that a) motivate reams of unnecessary tests and treatments, and b) costs for both, which are added to medical service bills 2) more expensive drugs, since there isn't the same degree of bulk buying, and because the US wisely allows companies a decent return on investment so that they can develop more pharmaceuticals 3) richer people will pay for private hospital rooms and other benefits not available in public systems 4) very little competition between public and private providers, unlike in Europe/Japan's mixed public/private medical systems (and why their system is better than Canada's mainly public one)
In response to:

A Look at the Fed-Sponsored Housing Bubble

Steve54 Wrote: Feb 01, 2013 12:00 AM
Low interest rates contributed. But the prime cause of the bubble was government coercing banks to extend mortgages with almost no down payment to those who didn't qualify. We're speaking of people who generally wouldn't have got mortgages even at 0% for a 25 year term. Then there's Fannie and Freddie, serving this same social policy, buying up all these bad mortgages, freeing the banks to extend more of them. In turn these bad mortgages were dumped on Wall Street, which repackaged them as low risk securities Yes, the Fed could have jacked up rates to arrest this "irrational exuberance." But at what cost to all other industry? Social engineering government is the culprit. All else is distraction.
In response to:

Hoover Dam: Worst Investment in History

Steve54 Wrote: Sep 03, 2012 10:37 AM
First, Lake Mead's water level has been rising in the past year. Second, even if it's true that the lake can't support 45 million people, that doesn't mean it can't, say, support 25 million, which would make it a good investment.
In response to:

Media is Mad Because Mitt Told the Truth?

Steve54 Wrote: Aug 01, 2012 11:54 AM
Regardless of what you saw, WF Buckley and others had no doubt, and so they pushed the Birchers from the GOP. No question that the Democrats were the party of southern racism, but they didn't go after Jews and eventually became, on the whole for the worse, advocates for blacks and Hispanics.
In response to:

Media is Mad Because Mitt Told the Truth?

Steve54 Wrote: Aug 01, 2012 10:21 AM
Many ask, Why do Jews vote Democrat? Two reasons. 1) They residually associate a) Republicans with the anti-Semitism of its past association with the John Birch Society (which WF Buckley largely excommunicated from the party), and b) conservative Christians with centuries of anti-Semitic horrors. 2) They still see the left, i.e., Democrats, as the party that cares for minorities, in a way they once were, and protects those subject to mistreatment. As a politically conservative Jew, I think Jews should recognize: a) that Democrats today injure minorities through cynical facilitated dependency and victimhood, thereby creating a burgeoning category of voter; b) conservative Christians today are their and Israel's best friend ever 2)
In response to:

Media is Mad Because Mitt Told the Truth?

Steve54 Wrote: Aug 01, 2012 10:04 AM
Because military aid to Israel is virtually the same as funding the American military itself. As American General Alexander Haig said: "Israel is the largest American aircraft carrier in the world that cannot be sunk, does not carry even one American soldier, and is located in a critical region for American national security." Israel provides invaluable intel, military technology, eg Iron Dome, and works to fight common enemies through covert activities, e.g., Stuxnet.
In response to:

Milton Friedman's Centenary

Steve54 Wrote: Aug 01, 2012 9:59 AM
True. And did you note this comment Sowell made about Friedman: "In being able to express himself at both the highest level of his profession and also at a level that the average person could readily understand..." Could anything better describe Sowell himself?
In response to:

Are We Headed for a Fight with China?

Steve54 Wrote: May 27, 2012 10:40 AM
You're speaking of the moment. The rest of us are speaking of the future. Our best hope is that the Chinese people will rise and demand a democratic revolution. Because a democratic China means three critical things: 1) No war with the US 2) Along with democratic India, democracy really will have won history 3) The inherent imperialism and belligerence of the Islamic world will be contained until it too reforms and becomes democratic.
In response to:

GOP Insiders Just Don't Get It

Steve54 Wrote: Apr 25, 2012 7:09 AM
Getting elected is job 1. After that social conservatives can make their voices heard.
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